NOT LISTED FOR SALE

514 Russell St Michigan City, IN 46360

Estimated Value: $158,000 - $166,494

3 Beds
2 Baths
1,322 Sq Ft
$123/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $160,000 $121 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $906/month

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Corner Lot
  • 2 Car Detached Garage
  • Landscaped

About This Home

As of September 2023

Welcome to this charming ranch-style home filled with character, nestled amidst fantastic amenities. Just a stone's throw from Lake Michigan, Washington Park, Franciscan Hospital, and vibrant shopping spots, it's a dream location.Outside, you'll be greeted by lovely landscaping on a corner lot - offering plenty of outdoor space. Step inside to discover a cozy upscale vibe with beautiful wood flooring and abundant natural light.The basement is a winner, featuring a finished area perfect for a game room or your creative ideas. There's potential for a guest suite, home gym, or art studio, plus a DIY workspace. The two-car garage and off-street parking are ideal for gatherings.Upstairs, cedar-lined closets add a touch of luxury and care for your belongings. This ranch-style home offers versatile spaces and endless potential. . Don't miss the chance to explore this inviting haven and envision your next adventure!

Last Agent to Sell the Property

Brooklynn Ross

Coldwell Banker Realty License #RB15000256 Listed on: 08/23/2023

Coldwell Banker Realty

Last Buyer's Agent

Monica O'Donnell

North Star Properties, LLC License #RB14040422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $243

Year Built

  • Built in 1957

Lot Details

  • 3,675 Sq Ft Lot
  • Lot Dimensions are 105x35
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Basement

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Knapp Elementary School
  • Barker Middle School
  • Michigan City High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 460132401001000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$243

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Landscaped
  • Co List Office Mls Id: NRA728
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 1157
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Range Hood, Refrigerator
  • Interior Amenities: Cedar Closet(s), Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Carpet, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 165
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.0844
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Junior High Dist: Michigan City
  • Middle Or Junior School: Barker Middle School

Lot Info

  • Lot Dimensions: 105x35
  • Lot Size Sq Ft: 3675
  • Parcel #: 460132401001000022

Tax Info

  • Year: 2022

MLS Schools

  • HighSchool: Michigan City High School
  • Elementary School: Knapp Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 22, 2023
Sold by
Berk Michaelene I and Berk Eugene
Bought by
Eason Shannon Lynn
Seller's Agent
Brooklynn Ross
Coldwell Banker Realty
Buyer's Agent
Monica O'Donnell
North Star Properties, LLC
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%
Views
183
Current Estimated Value
$162,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,624
Avg. Annual Appreciation
-4.45%
Original Mortgage
$128,000
Outstanding Balance
$125,526
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$21,004
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eason Shannon Lynn $160,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eason Shannon Lynn $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $160,000 +6.7% $121 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $149,900 -- $113 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $243 $110,700 $11,900 $98,800
2022 $168 $92,400 $11,900 $80,500
2021 $191 $77,900 $11,900 $66,000
2020 $187 $77,900 $11,900 $66,000
2019 $231 $81,700 $11,500 $70,200
2018 $228 $71,700 $7,400 $64,300
2017 $224 $69,200 $10,200 $59,000
2016 $221 $71,400 $10,200 $61,200
2014 $166 $71,500 $10,200 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 536858

Northwest Indiana Association of REALTORS®

APN: 46-01-32-401-001.000-022